Form 4: Veris Residential Executive Taryn D. Fielder Reports Share Forfeiture for Tax Settlement

Sentiment:

SEC Form 4 Filing


Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., reported the forfeiture of 2,625 shares of common stock to cover taxes on vested restricted stock units.

Summary

  • On March 17, 2025, Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., forfeited 2,625 shares of common stock.
  • The forfeiture was for net share settlement of taxes on shares issued upon the vesting of time vesting restricted stock units.
  • The price per share was $16.27.
  • Following the transaction, Fielder beneficially owns 100,308 shares of Veris Residential, Inc.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade in their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value.

Stakeholder Impact

  • The transaction has a minimal direct impact on shareholders, as it involves a small number of shares forfeited by an executive for tax purposes.

Key Dates

DateDescription
03/17/2025Date of the share forfeiture transaction.
03/19/2025Date of signature on the Form 4 filing.

Keywords

Veris Residential, Taryn Fielder, Form 4, Share Forfeiture, Restricted Stock Units, Beneficial Ownership, VRE

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